Show notes
The Bitcoin Hangover continues as #Grayscale Sells $3 Billion Bitcoin for their ETF and the market adjusts to new sale pressure. Is this game over for BTC and the market in January? Will ETH continue to outperform BTC? 👉Enjoy the show and looking for ways to support it? Consider trading on CoinCall and use the link here to open an account. https://partner.coincall.com/jarvislabs On the January 19 2024 live recording of the Trading Pit, JJ and Ben Lilly analyze the Spot, Perpetuals and Options to find out if the momentum for Bitcoin is truly gone. Along the way they discuss the new market laws of supply and demand, how to analyze Grayscale's record selling, and a possible TradFI liquidity unlock in Q1. Now is the time to prepare to buy the dip. The Trading Pit is a trader focused show, where your favorite analysts use public and proprietary metrics to share deep insights into how the crypto market (Bitcoin, Ethereum, Cryptos) is operating and where it's headed next. No emotions, just logic and data. Chapters: 00:00:00 Spot, Perps and Options Signal Lost Momentum 00:11:38 Grayscale Supply and Demand 00:27:00 The DXY 00:48:22 Possible Trades (MSTR, BTC Calls) 👉 Share your thoughts with the Crypto Enthusiast Survey https://bit.ly/XCGsurvey Follow the team:xChanging Good Studios https://bit.ly/xChangingGood Espresso Newsletter https://bit.ly/espressobrew On Twitter @Marconiwight @MrBenLilly @JlabsJanitor @horushughes @Kodi_thekid @benjamin_skew Disclosure StatementThis content is for entertainment purposes only. Nothing shared during this broadcast is or should be considered financial advice. The views and thoughts shared here are simply opinions. Do your own research and consult a registered financial advisor before making any investments. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit xcgood.substack.com
